U.S., Japan, Korea sign MOC on SMR deployments
On the margins of the NATO Summit in Ankara, Turkiye, the United States Secretary of State Marco Rubio, Japan Foreign Minister Motegi Toshimitsu, and Republic of Korea Foreign Minister Cho Hyun signed a Memorandum of Cooperation to establish a framework for trilateral cooperation on accelerating small modular reactor deployments in other countries, with an initial focus on the Indo-Pacific. The MOC advances our mutual security interests and paves the way for partner countries to meet their energy security needs. The MOC outlines opportunities for our three countries, which have complementary advantages in the civil nuclear field, to encourage mutually beneficial cooperation among their respective nuclear industries. This framework aims to foster fleet deployment models that de-risk project development, achieve economies of scale, catalyze private investment, streamline licensing processes, and optimize supply chains. In support of this initiative, the United States is committing over $10M in new funding for the Department of State's Foundational Infrastructure for Responsible Use of Small Modular Reactor Technology Program to provide technical support to countries in.
On the margins of the NATO Summit in Ankara, Turkiye, the United States Secretary of State Marco Rubio, Japan Foreign Minister Motegi Toshimitsu, and Republic of Korea Foreign Minister Cho Hyun signed a Memorandum of Cooperation to establish a framework for trilateral cooperation on accelerating small modular reactor deployments in other countries, with an initial focus on the Indo-Pacific.
The MOC advances our mutual security interests and paves the way for partner countries to meet their energy security needs.
The MOC outlines opportunities for our three countries, which have complementary advantages in the civil nuclear field, to encourage mutually beneficial cooperation among their respective nuclear industries.
This framework aims to foster fleet deployment models that de-risk project development, achieve economies of scale, catalyze private investment, streamline licensing processes, and optimize supply chains.
In support of this initiative, the United States is committing over $10M in new funding for the Department of State's Foundational Infrastructure for Responsible Use of Small Modular Reactor Technology Program to provide technical support to countries in.